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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (149248)	9/23/2008 12:43:35 AM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 306849

>>Ok, but the "financial-residential-industrial complex" is about everyone in the USA<< No. It's realtors, mortgage brokers, mortgage insurers, appraisers, mortgage origintator's, home builders and investment banks. Everyone else was a customer. If you're inferring every homeowner's interests are aligned with the above, I'll point out that the above groups walked away with fortunes as result of the recent bubble, and saddled the homeowners with the consequences. I agree totally that all of the above group of "professionals" need an entirely new regulatory framework as they were wrecklessly out of control over the past 6 years.